What Exactly Is an Annuity? An annuity mitigates the risk that you will outlive your savings or that a financial collapse will devalue them. You invest a lump sum in exchange for monthly payments over a long period. You will continue to receive income regardless of how long you live. An annuity is an insurance … Read more
Housing grants offer a way for low-income families to secure the funds they need to purchase a home. This can be for purchasing a home, purchasing rental property for housing income, making major renovations on existing properties, or receiving assistance if you face foreclosure. The federal government is one of the primary sources of this … Read more
It’s one thing to be overwhelmed by debt, but it’s another to feel hopeless when trying to fulfill monthly payment minimums. If you struggle to make your minimum monthly payments and see no way out, it may be time to look into debt relief options. Here are some suggestions to help you get a better … Read more
One out of every ten Americans has unclaimed money—how here’s to find your misplaced or forgotten cash. Are you short on cash? Select describes how to locate and redeem your unclaimed money, whether it was misplaced or forgotten. As millions of Americans struggle financially due to the coronavirus outbreak, now is an excellent moment to … Read more
With the coronavirus pandemic causing many workers to miss work, understanding your financial choices is more critical than ever. While financial gurus may advise you not to check your investments in a volatile market, that may not be a concern for many Americans, given that over 80% of employees live paycheck to paycheck and many … Read more
So you want to open a personal or savings account but don’t know where to start? Here’s how to find a bank you can trust, what to look for when comparing account options, and even what documentation most banks require. 1. Ask the Appropriate Questions Not all banks are the same. Request recommendations from family … Read more
Property flipping, or home flipping as some call it, maybe a profitable strategy to make money in real estate if done correctly. Being a home flipper is a risk that does not always pay off because it demands a significant commitment of your own money. Many people enter real estate through the house flipping route … Read more
Credit cards, one of several payment alternatives available to you, are a vital financial instrument that, when used carefully, can help you develop or improve your credit over time. If you are among the millions of Americans, who will be using their credit card to buy this Christmas season, spend a few minutes reviewing some … Read more
Paying for healthcare in the United States is a difficult task. Even with health insurance, which should reduce costs, annual median out-of-pocket medical spending varied from $360 to $1,500 per household, depending on the state, according to a Commonwealth Fund analysis from 2019. The cost can be much higher for people who do not have … Read more
For first-time homebuyers, purchasing a new home can be stressful. While it’s impossible to foretell what will happen when you start looking for a home, there are a few actions you can take to make the process less stressful. We’ve produced a house-buying guide with ten recommendations to consider if you’re looking to buy a … Read more